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of the big deal, speaker boehner has suggested to sunset upper income tax cuts that tax code would be rewritten but last night he told president obama and called it off. he released a written statement that read in part, white house will not pursue a bigger debt reduction agreement without tax hikes. best approach may be to focus on producing a smaller measure. they suggested the disappointing jobs report in june was a game changeser. >> it ought to insent visa us to do a big package without raising taxes but we're hoping the president is not thinking he was as six months ago and he was making the arguments that raising taxes in the middle of this recession or slowdown, whatever you want to call it was a bad idea. >> reporter: secretary geithner says $2.5 trillion out of spending alone would unfairly impact the elderly and middle-class and also be bad for the economy and slow down job growth. >> heather: we'll see what happens. thank you very much. >> gregg: the clock is ticking for a debt limit deal to be struck and maybe faster than many people think. white house aids say a deal
with the story. and helping out ordinary folks . they are going to be tied when it comes . to get out of the big hole we are in, he will go after waste and tax breaks and nothing is off of the table. it would be nice if we can and it is millionaires and billionaires and are for hedge fund managers and corporate jet owners and oil and gas companies pulling in huge profits without our help. we'll have to make deeper cuts somewhere else. republican senator dan coats . mitch daniels said the government should follow daniel's lead. he turned things aroundd by cutting taxes . paying down debts . get it focused on. >> the president and democrats in congress recognize that their game plan is not working. it is time to acknowledge that more government and higher taxes is not the answer to our problem. it is time for bold action and a new plan to address our current crisis. >> and since it is the 4th of july weekend. both touched on the american spirit. senator coats wanted to make sure that the country is in good enough shape . all sides need to harness their love for the country and that we are going to
're in for another deep rough patch, i think, they are getting very nervous about re-election. and, the big winner out of a grand bargain, would have absolutely been president obama, because, the not only would things have hopefully improved but he also could take credit for making a really big grown-up decision. going forward, though, you know, in two years, or actually, in one year, now, next year, after the election, it is hard for me to see how republicans will not actually be in a better position, even if they don't win the white house, there is a good chance they'll win the senate and almost certainly still control the house and i think republicans will be in a tremendously strong position, to get the kind of deal that speaker boehner went in there looking for, but clearly was not going to get from the white house. >> jamie: charlie, seems like those dismal job numbers may have changed the imperative for the house white house. how close are both sides to accepting the proposal that vice presidented by eb was able to negotiate and is that all we need? will it get us where we need to be with r
at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it was scheduled to carry golfers vacationin
should be spending time to get americans back to work and fixing the economy. there is a big issue coming up with regards to the debt ceiling. president ought to be in washington meeting with republicans, meeting with democrats. he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis, but he is here raising money for a campaign. doesn't even have a primary opponent. >> gregg: might gop governors rally around mitt romney. he is lashing out at the current president? >> i think that is possibility. i think what you elude to, governors think that those from their ranks make the best president. you have heard a number of governors yet to endorse that idea they would like to see a governor as the nominee. they would like to see a governor as the next president. i think you have to wait a while until the field narrows or some things become a little clearer. at this point i just don't think there is enough reason for the vast majority of the governors to come together and endorse and pick a candidate. >>
that will be a big part of her legacy. while her death is a cause for sadness we know that organizations such as the betty ford center will honor her legacy giving countless people new least for life. she was public about her treatment for breast cancer and fund raising for hand capped kids and, kids say mother a mother's laughter enriched our lives and those throughout this great noigs. to be in her presence was to truly be in warmth of a truly great lady. under the martha graham performed at carnegie hall and went back to michigan and met gerald ford she says she probably wouldn't have married if she knew he wanted to run for congress. he of course went on to become president and mrs. ford made a lot of headlines for off color things she said about a variety of subject and her husband joked she was the ford family spokeswoman and here she is giving part of the concession speech after he lost the election to jimmy carter and then lost his voice. >> dear jimmy, it's apparent now you have won a long and intense struggle for presidency. i congratulate you on your victo victory. >> betty fo
this afternoon. here is the president in his weekly address. >> good news is we agree on some of the big things. we agree that after a decade of racking up deficits and debt, we need to get our fiscal house in order. we agreed that to do that both sides are going to have to step outside of the comfort zone and make some political sacrifices. >> reporter: but even if the key players reach a deal tomorrow, congress has to vote on the entire package. >> heather: you heard about this poor job numbers, they came out friday. how are they taking it? >> unemployment numbers surprised everyone. democrats say it shows that americans need some help from the government. republicans say that now is the not the time for a tax hike. here is the republican address today. >> the obama administration promised that stimulus would keep unemployment below 8 am. two and a half years ago it's 9% and still rising. that is unacceptable. america can do better. >> reporter: meaning the white house if they meet a deal the next few days if they are going to meet the august 2nd deadline. realistically it would take three we
speaker john boehner today. not going for a big huge deal now. this is part of what chuck schumer had to say -- >> shannon: your response? >> i suspect that is more of the grand politics that you hear playing out there. because it was never put on the table. the kind of reform that john boehner has been asking for, the kind of reform i'm talking about. what was put on the table was again, tax hikes on the wealthy. so that we can do less spending reduction. we've got to get out of that paradigm. we've got to get out of the politics. some of the politics poll really well. one of the problem we're having now is pollsters are at full employment. and politicians are following what they are telling them. it's telling them on the one hand don't put social security or medicare on the table. don't talk about those things. on the other hand, just talk about taxing the rich. you will be fine. but that doesn't help us get to a solution. >> shannon: we certainly hope that you find one. we know you are busy not only with the gang of six or five or whatever it currently stands to be but with everyth
-- the good news is, we agree on the big thingings. after racking up deficit debts we need to get our fiscal house in order. both sides are going to have to step outside of the comfort zones and make political sacrifices. >> it sounds good but easier said than done. players mest thursday . they will vote on increasing the debt ceiling. if they don't raise the ceiling america runs out of money to pay its bills. it boils down to this. republicans don't want tax increases and democrats want to keep entitlements intack. this is the republican address out today. >> from the look of things. democrats who run washington don't have a jobs plan. they have a spending agenda and proposing a rehash of what is already tried. more spending and more taxes and bigger government. these are the washington knows best policies that steered us to a dead end. >> if the key players reach a deal republican leaders will have to bring it back for a vote. it is a almost no vote for the city pert republicans . democrats plan to keep social security and medicare as it is. >> and until now, slew of gop presidential hopef
, in exchange for big, big spending cuts. but, the white house knew that a lot of republicans including speaker john boehner thought it would be irresponsible to not -- raise the debt ceiling and go past the limited and on the other hand, the white house is insisting on a long term deal to get it passed the election, and, republicans know that they cannot reject a deal too, voy default now, just so they can get it passed the election and if there is an actual deal that is -- for 6 months the white house will have to accept it. so, both sides have these weakness in their bargaining positions. >> jamie: byron york of the washington examiner, i know you wrote a great piece on this yesterday and we'll follow your commentary how things are going in washington. thanks for weighing in, today. >> thank you, jamie. >> eric: right now it is ten at night in hong kong and 11:00 at night in tokyo and, in hours when the traders wake up and go to work, what will happen? all eyes are anticipating what could happen when trading beginnings in the asian markets, anxiety of a possible massive sell off is running o
, on a big news day. we welcome you to america's news headquarters and lawmakers are racing against the clock, to finalize the possible deal before a scheduled vote on a democratic senate plan in three hours, and house speaker john boehner says he's hopeful and lawmakers will craft a package that can earn bipartisan support. >> i'm not going to put any deadlines but i think it is clear, should be clear to all of you, that senator mcconnell and i believe that we are going to be able to come to some agreement to end the crisis, as soon as possible. thanks. >> peter doocy live from washington with more, and what do you know about the phones deal. >> reporter: a senior republican leadership source told us what is in the framework of the tentative deal between republicans and the white house and it likes lot like the original boehner plan, but, with the timeline the president wanted. it would take us through 2013 and here's specific, a $3 trillion plan, that would raise the debt ceiling between 2.1 and $2.4 trillion. and cut a trillion dollars in spending right now, and, put together a special com
. that has been the big stumbling block because republicans we're not interested in lacing taxes, no way. it will be interesting to see how they get that back to make those trig teors get all the parties at the table. >> gregg: very busy saturday on capitol hill. >> heather: so the question is what happens if no debt deal is reached. many analysts say we don't know the true effects. it is uncharted territory. here are some possibilities. you will see higher interest rates and pay more immediately on credit card debt. home and car loan rates, those will rise. stock market could plunge costing you dealer. the u.s. dollar would almost certainly plummet on the world market raising the prices that we pay for imported products. we could see a state funding crisis as well if the federal government can't fork over aid to the states they will have to fund their massive budgets and federal funds for student loans would freeze, billions would not be paid. >> gregg: so critics are questioning where the president is in all of this. that was what speaker barren was sailing. president obama urged lawma
trying to raise reasonable doubt by jose baez, the lead attorney for casey anthony. he offered up a big poster board showing all of the people who testified they smelled decomposition in the drunk. buff next to that he put up ten more photos of people right around her car who never smelled anything. from the lady who ran the amscott check cashing place who first reported that the car was abandoned there and got the tow truck to come out and get it. to the cops that responded to the anthony home on the night of july 16 when there was so many police on the scene and cindy anthony was calling 911 three times. she, too, saying that it felt like a damn dead body has been in the car. mason, the second defense attorney for casey anthony is going to finish the defense's closing argument after we have our lunch break. it will probably be an hour-long lunch break. the judge is giving each side four hours to make the closing arguments. this is critical at the closing argument, especially for jose baez. biggest trial of his life, of his career. he is getting to get the jury to think maybe george an
party on capitol hill and would create potentially a big problem. >> jamie: i believe it hasn't happened since the civil war and it really would be monumental if he did go that way and you talk about what the president needs to understand, and what do you think our viewers need to understand, at this stage? >> well, you know, i could tell you a lot about that but i would tell the viewers, it is not just about mathematics and coming up with a balanced budget oration the debt ceiling or anything like that. this is really about the philosophical divide of the members that they have sent to washington. republicans for instance, are looking at this, as not just a way to come up with a palatable plan to raise the debt ceiling but a way to shrink the size and scope of government, which they feel went way out of bounds during the first couple years of obama's tenure and for democrats it is the same, in that as much as they understand that you cannot continue to overspend and the deficits are bad, they are trying to do everything they can to maintain a level of government we have now. and, protec
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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